Shares in Demand Media which started trading today on the NYSE under the symbol DMD which were priced at $17 a share started trading at $23.50 In the first half our of…
SuperBowl To Generate $10 Billion In Spending But Domain Names Are Not Included
According to a new survey out from the Retail Advertising and Marketing Association, total consumer Super Bowl spending is expected to reach $10.1 billion, the highest in the survey’s eight-year history. Of…
Update: It’s Official: Demand Goes Public At $17 a Share Becoming The Largest Internet IPO Since Google
According to the Wall Street Journal Demand Media has raised $151 million by offering 8.9 million shares at $17, above its expected range of $14 to $16. The company originally filed to…
Demand To Go Public Tomorrow
According to several reports Demand Media is going public tomorrow (another report here). With a target price of between $14-$16 a share, I got a call today from a broker who said…
Yahoo Search Revenue Down 27% & They Cut 1% Of WorkForce
Yahoo reported earnings after the market closed today. Yahoo had net revenue of $1.21 billion, down 4% drop from the 4th quarter of 2009. 4th Q net income rose to $312 million,…
Condo.com Acquires Houses.com
According to a press release today Condo.com bought houses.com in December 2010 for an undisclosed price. Here is the press release: “Condo.com, the world’s largest condo marketplace, today announced the launch of…
Jeff Gabriel Named President Of DomainAdvisors.com
PPX International just announced that Jeffrey Gabriel is the new President of its domain consultancy service, DomainAdvisors.com Here is the Press Release: “Jeffrey will be responsible for overall business operations including building…